Rebar prices in Egypt this week ranged between EGP 35,000 and EGP 38,200. Major producers maintained stable pricing, while a few adjustments were noted compared to the previous week.
Ezz Steel and Bishay Steel continued pricing at EGP 38,200, while Suez Steel and Egyptian Steel remained at EGP 38,100. El Marakby Steel adjusted its price to EGP 37,000, reflecting a slight increase. Misr Steel raised its price by EGP 2,500 to EGP 35,500, and El Komy Steel increased by EGP 2,400 to EGP 35,200. El Ola Steel saw the highest adjustment, rising by EGP 2,800 to EGP 35,000, while Al Gioshy Steel climbed by EGP 3,500 to EGP 36,000.
Prices remain inclusive of 14% VAT, with manufacturers closely monitoring market trends for further adjustments.
